Stockholders
interested in presenting a proposal for consideration at the Companys annual
meeting of stockholders in 2010 may do so by following the procedures prescribed
in Rule 14a-8 under the Securities Exchange Act of 1934 and the Companys
by-laws. To be eligible for inclusion in the proxy statement, the stockholder
proposals must be received by the Companys President no later than December
15, 2009

Stockholders
interested in presenting a proposal at the Companys annual meeting of
stockholders outside the procedures prescribed in Rule 14a-8 (i.e. a proposal
to be presented at the annual meeting of stockholders in 2010 but not included
in the Companys proxy statement) must be received by the Companys President
no later than January 30, 2010 to be considered timely. Under the SECs proxy
voting rules, the Company may exercise discretionary voting authority on
stockholder proposals received after such date.

By Order of
the Board of Directors,

Diane M.
Meegan

Corporate
Secretary

May 13, 2009
New York, NY

A COPY OF THE COMPANYS ANNUAL REPORT OR FORM 10-K FOR THE
YEAR ENDED DECEMBER 31, 2008 MAY BE OBTAINED BY SHAREHOLDERS SOLICITED HEREBY
(WITHOUT CHARGE) UPON WRITTEN REQUEST TO DIANE
M. MEEGAN, INVESTOR RELATIONS, DAXOR CORPORATION, 350 FIFTH AVENUE,
SUITE 7120, NEW YORK, NEW YORK, 10118. THE 10-K IS ALSO ACCESSIBLE THROUGH
THE COMPANY WEBSITE WWW.DAXOR.COM.

15

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FOLD AND DETACH HERE AND READ THE REVERSE SIDE

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PROXY

THIS PROXY
WILL BE VOTED AS DIRECTED, OR IF NO DIRECTION IS INDICATED, WILL BE VOTED
FOR THE PROPOSALS. THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF
DIRECTORS.

Please
mark your votes
like this

x

1. ELECTION OF CLASS 1
DIRECTORS.

FOR all
Nominees listed
to the left

WITHHOLD
AUTHORITY
to vote (except as
marked to the contrary
for all nominees listed
to the left)